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Aurobindo Pharma Limited foresees high growth in injectables biz
Tuesday, February 17, 2015Aurobindo Pharma Limited said it expected its injectables business to grow at per cent in the next financial year and would continue to achieve a fairly higher growth in the next two to three years from then on the back of the products lined up for...
Lakeland Pharmacy to expand to Service VA, Will Seek DAPA Certification
Tuesday, February 17, 2015Lakeland Pharmacy a leading fullservice pharmacy pharmaceutical compounding shop and medical device retailer announced plans today to expand sales of their home respiratory equipment by applying for a Distribution and Pricing Agreement DAPA certifica...
Sun Pharma Declines as Regulatory Issue Puts Pressure on Profit
Monday, February 16, 2015Sun Pharmaceutical Industries Ltd Indias largest drugmaker fell in Mumbai trading as quarterly profit came under pressure from efforts to address regulatory issues at one of its factories Sun Pharma fell as much as percent to rupees in Mumbai toda...
Capital International in talks to buy stake in Mankind Pharma
Monday, February 16, 2015Secondary private equity transactions seem to be on the rise in Indias healthcare space Capital International a global private equity PE fund is learnt to be in talks to acquire a per cent stake in Delhibased Mankind Pharma for Rs crore This second...
Novartis' heart failure medicine LCZ696 granted FDA priority review
Saturday, February 14, 2015Novartis announced today that the US Food and Drug Administration FDA has granted priority review designation to LCZ an investigational medicine for the treatment of heart failure with reduced ejection fraction HFrEF The designation accelerates the r...
Cipla wins USD 188.95 million of Global Fund ARV(anti-retrovirals Drugs) Tender to treat HIV/AIDS
Saturday, February 14, 2015Cipla a global pharmaceutical company which uses technology and innovation to meet the everyday needs of all patients announced that it has been awarded USD million of Global Fund ARV Tender Cipla has been selected as a Panel Supplier for a Supplie...
MRI data helps predict drug efficacy, observe research team with University of Oxford
Friday, February 13, 2015Data from brain scans allowed researchers to compare the effects of analgesic compounds on responses to pain Scientists have developed a method for using data from functional magnetic resonance imaging fMRI to shed light on how central nervous syste...
India's state-owned homeo pharmaceutical manufacturing unit to be expanded
Friday, February 13, 2015The Cabinet decision to sanction land to the Kerala State Homoeopathic Cooperative Pharmacy Ltd HOMCO has provided an impetus to the planned expansion of the governmentowned homeopathic medicine manufacturing company The Cabinet which met on Wednesd...
Texan hedge fund manager Kyle Bass' war against the US pharmaceutical industry
Friday, February 13, 2015Texan hedge fund manager Kyle Bass war against the US pharmaceutical industry has officially begun The founder of Hayman Capital has filed an inter partes review IPR petition with the US Patent and Trademark Office challenging Acorda Therapeutics pat...
Envision Pharmaceutical Services taken over by pharmacy retailer Rite Aid
Friday, February 13, 2015Envision Pharmaceutical Services founded and once based in El Dorado Hills has been sold to giant pharmacy retailer Rite Aid The company was first sold in July to global private investment firm TPG EnvisionRX still has about employees in El Dorado...
